U.S. Customs will increase its User Fees effective October 1, 2019. This time, the rate increase due to inflation is 7.167 percent. Although the Merchandise Processing Fee (MPF) rate for formal entries will remain at 0.3464%, the minimum MPF will change from $26.22 to $26.79 and the maximum will change from $508.70 to $519.76. The… Read more »
The United States Trade Representative has granted tariff exclusions to three more groups of products covered by Lists # 1, 2 and 3 of the China Section 301 sanctions as follows: HTS#9903.88.14 – List 1 Product Exclusion Group 7 – Retroactive to July 6, 2018 and in effect for one year from publication in the… Read more »
President Trump posted in his twitter feed last night that the US will delay an October 1st, 2019 planned increase (25% to 30%) in the Section 301 duty rate until October 15th as a gesture of goodwill towards China.
The U.S. Trade Representative has published notice in the Federal Register directing that when the additional duties go into effect for List #4 the additional duty rate will be 15% instead of the previously announced 10%. List #4A will go into effect with 15% additional duty applied to goods entered or withdrawn from warehouse for consumption on… Read more »
China announced last Friday, August the 23rd that it will increase its tariff on U.S. goods imported into China and worth approximately $75 billion. Not long after, also on Friday late afternoon, President Trump reacted by sending tweeter messages stating that the duties for China Section 301 Lists # 1, 2 and 3 will be increased… Read more »